MICHIGAN ASSOCIATION OF BROADCASTERS (EIN 381676986) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

Principal Officer

CASEY JONES

Phone

5174847444

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN ASSOCIATION OF BROADCASTERS, founded in 1949, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Net assets of $4.2M represent 29 months of operating reserves.

Mission

TO PROMOTE THE COMMON INTERESTS OF THE PUBLIC AND THOSE ENGAGED IN THE BROADCASTING INDUSTRY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,552,029

Investment Income $147,087

Other Revenue $59,970

TOTAL REVENUE $1,759,086

Expense Breakdown

Grants Paid $194,607

Salaries & Benefits $719,249

Fundraising Expenses $0

Other Expenses $846,410

TOTAL EXPENSES $1,760,266

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,759,086	$1,818,094	0.0%
Expenses	$1,760,266	$1,512,116	+0.2%
Net Income	$-1,180	$305,978	-1.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$186,737

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMUEL KLEMET	PRESIDENT/CEO	60.00	Officer	$161,751	$24,986	$186,737
COLLEEN GRANT	DIRECTOR	1.00	Director	$0	$0	$0
ZACHARY HUFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN KINNIE	DIRECTOR	1.00	Director	$0	$0	$0
JULIE KOEHN	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE MANKIEWICZ	DIRECTOR	1.00	Director	$0	$0	$0
RICK RHOADES	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER THEODORE	DIRECTOR	1.00	Director	$0	$0	$0
AMADOR VELASQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
ROB DAVID	DIRECTOR	1.00	Director	$0	$0	$0
MARCI DANIELS	DIRECTOR	1.00	Director	$0	$0	$0
SHANNONE DUNLAP	DIRECTOR	1.00	Director	$0	$0	$0
KEN FRIERSON	DIRECTOR	1.00	Director	$0	$0	$0
FRED CORBUS	DIRECTOR	1.00	Director	$0	$0	$0
KIM KRAUSE	DIRECTOR	1.00	Director	$0	$0	$0
J GREG EASTERLY	DIRECTOR	1.00	Director	$0	$0	$0
ROB DAVIDEK	DIRECTOR	1.00	Director	$0	$0	$0
JULIE BRINKS	DIRECTOR	1.00	Director	$0	$0	$0
MARK THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
STEVE RADANT	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN WATSON	DIRECTOR	1.00	Director	$0	$0	$0
DAVE DOETSCH	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS MONK	DIRECTOR (ENDED 8/23)	1.00	Director	$0	$0	$0
WENDY HART	DIRECTOR	1.00	Officer Director	$0	$0	$0
MAC EDWARDS	SECRETARY/TREASURER (ENDED 8/23)	1.00	Officer Director	$0	$0	$0
DEBBIE PETERSMARK	VICE CHAIR/CHAIR ELECT	1.00	Officer Director	$0	$0	$0
SCOTT SHIGLEY	IMMEDIATE PAST CHAIR (ENDED 8/23)	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,759,086	$1,760,266	$4,633,839	$-1,180
2022	$1,818,094	$1,512,116	$4,359,696	$305,978
2021	$1,659,520	$1,454,509	$4,071,084	$205,011
2020	$1,599,120	$1,449,545	$3,818,200	$149,575
2019	$2,357,925	$1,584,871	$4,032,403	$773,054
2018	$1,963,619	$1,707,446	$4,215,411	$256,173

MICHIGAN ASSOCIATION OF BROADCASTERS